Waterville city, Minnesota Demographics & Population 2026
As of 2026, Waterville city, Minnesota has a total population of 1,778, the 280th largest city in Minnesota, with a median household income of $67,721, which is 23% lower than the state average. The poverty rate is 11.6%.
Waterville city Quick Facts
How Waterville city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Waterville city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Le Sueur County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Montgomery city | 3,366 | $74,018 | 5.9% | $218,900 |
| Le Center city | 2,514 | $66,864 | 6.8% | $189,800 |
| Cleveland city | 622 | $83,281 | 6.8% | $204,200 |
| Kasota city | 602 | $70,200 | 23.6% | $171,400 |
| Heidelberg city | 221 | $111,563 | 0.4% | $293,800 |
| Kilkenny city | 92 | N/A | 6.5% | $104,200 |
Cities Similar to Waterville city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Silver Bay city | 1,790 | $70,870 | $150,700 | 19.6% | 8.9% |
| Ada city | 1,834 | $67,857 | $140,500 | 31.3% | 15.8% |
| Rushford city | 1,790 | $73,321 | $203,200 | 28.9% | 8.9% |
| Coleraine city | 1,888 | $67,083 | $179,900 | 25.7% | 13.7% |
| Kenyon city | 1,811 | $74,643 | $184,500 | 15.3% | 15.3% |
Population Overview
Waterville city is a small community located in Minnesota, within Le Sueur County. The total population is 1,778. It ranks as the 280th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Waterville city is 45.1 years. This is 17% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Waterville city is $67,721. This is 23% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 14% lower. The poverty rate stands at 11.6%. This is 26% higher than the state poverty rate of 9.2%. The unemployment rate is 5.9%. This is 50% higher than the state rate of 3.9%. The median home value is $216,700. Housing costs are 29% lower than the state median of $305,500. The home-value-to-income ratio is 3.2x. 76.7% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 72.4%.
Race & Ethnicity
Waterville city has a predominantly White (non-Hispanic) population, comprising 87.4% of all residents. Hispanic or Latino residents account for 6.5%. The Black or African American population (1.1%) is well below the state average of 6.7%. The Asian population (0.3%) is well below the state average of 5.0%.
Education
17.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.6%.
Data Sources & Methodology
All demographic data for Waterville city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Waterville city, Minnesota?
Waterville city, Minnesota has a population of 1,778 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Waterville city, MN?
The median household income in Waterville city is $67,721, which is 14% lower the national median of $78,538.
What is the poverty rate in Waterville city, MN?
The poverty rate in Waterville city is 11.6%. This means approximately 203 residents live below the federal poverty line.
What is the racial makeup of Waterville city, Minnesota?
Waterville city's population is 87.4% White, 1.1% Black, 6.5% Hispanic/Latino, and 0.3% Asian.
What is the median home value in Waterville city, MN?
The median home value in Waterville city is $216,700. The home-value-to-income ratio is 3.2x.
How educated is Waterville city, Minnesota?
17.1% of adults (25+) in Waterville city hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.